Investment bank JPMorgan has closed a £500mn long-duration longevity derivative transaction with life insurer Canada Life, in a deal that could open the multi-billion pound UK annuity market to the capital markets Trading Risk can reveal.
Investment bank JPMorgan has closed a £500mn long-duration longevity derivative transaction with life insurer Canada Life, in a deal that could open the multi-billion pound UK annuity market to the capital markets Trading Risk can reveal.